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Saturday, October 15, 2011

The Associated Press: Deadbeat state: Ill. owes billions in unpaid bills

The Associated Press: Deadbeat state: Ill. owes billions in unpaid bills:

"SPRINGFIELD, Ill. (AP) — Drowning in deficits, Illinois has turned to a deliberate policy of not paying billions of dollars in bills for months at a time, creating a cycle of hardship and sacrifice for residents and businesses helping the state carry out some of the most important government tasks.
Once intended as a stop-gap, the months-long delay in paying bills has now become a regular part of the state's budget management, forcing businesses and charity groups to borrow money, cut jobs and services and take on personal debt. Getting paid can be such a confusing process that it requires begging the state for money and sometimes has more to do with knowing the right people than being next in line."

Comment.........The most corrupt State in the Union is Illinois. Obama's State, has been raped and pillaged by so many corrupt Politicians its no wonder they can't pay their Billions of dollars of bills. The way its going now... It is never going to get any better, it can only worse...Take a good long look at what is going on in this country!.....Look familiar?...... Its scary huh?

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